Former Brazilian football star Ronaldinho enters the Web3 world by launching his STAR10 token on the BNB Chain.
What is STAR10?
STAR10 is Ronaldinho’s official crypto token, blending football, Web3, and fan engagement. It offers signed memorabilia, digital collectibles, exclusive VIP experiences, and community-driven initiatives. Ronaldinho emphasizes that STAR10 is not a typical meme coin but a long-term vision aimed at providing real-world value.
Tokenomics Breakdown
STAR10 has a total supply of 1 billion tokens, distributed as follows: 25% - Liquidity, 20% - Public sale, 20% - Allocated to Ronaldinho, 15% - Marketing & operations, 15% - Development team, 5% - Centralized exchange allocation. Additionally, 5% of project fees will go towards charitable causes, with the community deciding on fund allocation.
Community Concerns
Following its launch, STAR10’s market cap surged to $300 million but quickly dropped to $200 million, raising questions about token stability. Blockchain analytics platforms like Onchain Lens and Lookonchain reported suspicious transactions linked to the token, including investments turned profitable and price manipulation. The validity of these claims remains to be verified but adds an element of skepticism overall.
While STAR10 has potential for revolutionizing fan engagement and providing real-world value, early red flags should be noted. Potential investors should closely monitor the project's transparency and execution.
